Global competition dictates the ongoing innovation of business models, and the financial crisis increased the need to improve the efficiency and efficacy of corporate processes.

Business Restructurings (BR), providing for the redeployment of functions, risks, tangible and intangible assets, often dismantling old-established business models and TP policies, require a thorough process of analysis, design, evaluation and implementation.

In compliance with the principles outlined in Chapter IX of OECD Guidelines, leveraging specific expertise developed for some of the most important MNEs at the global level, VVA EO experts have extensive knowledge to assist clients in all the relevant phases of a BR:

• Development of the Options Realistically Available (ORA) with respect to BR scenario, and definition of the most reliable ORA;
• Assessment of the pre-restructuring TP policy and design of the post-restructuring one;
• Development of the business cases for both scenarios (BR and ORA); and
• Evaluation of the present values (PVs) of both scenarios and determination of the possible Exit Charge.

The combined use of business, valuation and TP expertise is crucial in adequately determining the possible Exit Charge, minimising the tax risk.

Finally, VVA Group is able to assist and support clients also in the assessment and design of alternative business models (VVA Consulting and VVA Market Research), as well as the possible regulatory implications (VVA Economics & Policy).